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Vetbtc

Vechain(VET/BTC)-Long SetupVeChain (VET) has been on the watch of many cryptocurrency pundits due to the digital platform’s awesome use cases.It is one of the most promising cryptocurrencies 2019. VeChain’s offers way to chain counterfeit products and helps in tracing products from the industry to the end user. Its drug, apparel, and wine traceability solution have been celebrated by many industrial experts. Lets look at the latest 4-Hourly chart of VET/BTC(Binance) pair: Bullish case: As one can observe in the chart that the pair has been hovering around buy/accumulation zone(blue bar) since mid Januray'19 and moving within range with range high 127 satoshi and 107 as range low.This could be possible accumulation like TRX/BTC before blasting off. It needs to test and break the 127+ satoshi level resistance to confirm bullish sentiments.Also, it has broken the 200H-SMAs(Simple Moving Average) and accelerated through ichimoku cloud which is early signs of the bulls. Simply put, if someone wants to buy then once can buy only after 127 resistance breaks and retest for targets around red bars or upcoming resistance levels.However risk taker can enter any value from here to 127 for long term benefits. Bearish Case: The only Bearish argument for the pair is not breaking the 127+ satoshi resistance level, which could be early signs of bears and breaking the 107 satoshi level support would be stronglu bearish for the pair. Simply put, if someone bought between 108 and 127 satoshi levels then stop loss should be below 107 satoshi level.
Long
by coinswitch-trading
VETBTC analysis + Signal + Discount promo codesGood evening, Dear Subscribers! Past month there were few signals and analyses due to market conditions and we had to post them in Premium channel only. Recent successful series of signals show that market seems to start recovering. Number of strong trading ideas grew significantly past week. Today we start sharing some of analysis with public here on TradingView again :) As a welcoming gift for new users we would like to share promo codes: «HappyUnlim» - grants you 80% discount for Full Pack combo and Unlimited time subscriptions «SRSAirdrop2x» - multiplies your subscription time by 2 «SRSView» - 30% Discount for all subscription types and services for our TradingView followers Technical analysis: It has been noticed that BTC gains power and slowly crawls upward while Alts demonstrate times faster growth. Vechain seems to lag behind in this rally, however it reached Fib 1 retracement level and global bottom. The most important is that we see a third fractal breakout from descending crossed trend line. The price is above EMA50 (Blue line) confirms the reverse. Stoch RSI is in overbought area, however volume goes up, while MACD is Bullish. VET broke a large falling wedge that lasted almost a month. The price crossed Ichimoku red cloud resistance. EMA20 holds a dynamic support, RSI is in uptrend. Overall: indicators shows possibility of a large growth we recommend to hold VET for several weeks The next important resistance is around 0.00000126, then long term consolidation will finish and bull run will start Signal: Buy zone: 0.00000103-112 Sell targets: 0.00000126 0.00000154 0.00000181 Stop loss: 0.00000097
Long
by Skyrexio
VeChain (VET) falling wedge breakout. TO THE MOON! Target 125%BINANCE:VETBTC BITFINEX:VETBTC BITFINEX:VETUSD BINANCE:VETUSDT VET broke a large falling wedge that lasted almost a month. The breakup comes with a nice volume increasing, next to the breaking of the wedge the price also crossed the ichimoku cloud and is about to cross the 200MA. 20MA is holding as dynamic support and both MAs are pointed upwards, RSI is in a very strong uptrend just like the MACD, all indicators point to a big growth in the price of VET in the coming weeks. The next important resistance is close to 129, and after the disruption of this zone, we will officially leave the consolidation zone that exists since November between 102 and 129 satoshi. Targets below in the next comment! To the moon!
Long
by LiuTrader